The NFL public made bad bets as a whole once again in Week 12. The wagers on totals finally came in this week. The other wagers forced the public into another losing week.
A $100 wager on each underdog or one that won $100 on a favorite lost once again in Week 12. This has been common all season.
4Flush reported the most popular wagers placed by the public. This is how those bets fared, based on our previous report.
The two most popular point spread wagers pushed. These two wagers were the Carolina Panthers -4.5 and the Baltimore Ravens -3/-120. This created a net loss of $10.
Money lines caused the biggest damage during Week 12. The highest number of tickets were written on the Detroit Lions to win outright at -400 (loss). Other public wagers included Kansas City (-195 – loss), Minnesota Vikings (+190 – push), Chicago (EV- loss) and Jacksonville (+355- win). Betting with the public on the money line this week would have been a loss of $240 in addition to the $10 lost on the juice from the point spreads.
The combined loss betting with the public between point spreads and money lines was $250. Totals went 3-2 this week for a win of $80. That puts this week’s loss at $170, assuming a wager to win $100 was placed on lay bets and $100 placed on money line dogs. The total unit loss for the betting public was .8 units.
If you believe that the public’s side is a loser, as we have shown in numerous reports, then 4Flush suggests taking the Washington Redskins on Monday Night Football. The public is 85% on the San Francisco money line. Two-thirds of the point spread action is on the 49ers as well.
The betting public has only posted two wins out of 12 weeks to date. 4Flush continues to recommend betting against the most popular public wagers.
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